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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

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While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation. The uses of green methanol for commercial shipping have already been pioneered by Danish shipping giant Maersk.

Denmark 446
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V2X company Fermata Energy raises $40M in recent round

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The company’s V2X software technology aims to transform electric vehicles into energy-storage assets, making EV ownership more cost effective. The company’s offerings include bidirectional chargers, a cloud-based management software platform, and a system architecture for harvesting renewable energy and storing it in EVs. —J.B.

Energy 225
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MIT study concludes V2G-enabled electric commercial trucks could offer lower total operating cost than conventional diesel fleet

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A new study by researchers at MIT’s Center for Transportation and Logistics (CTL), concludes that electric commercial vehicles can cost 9 to 12% less to operate than trucks powered by diesel engines when used to make deliveries on an everyday basis in big cities and when V2G (vehicle-to-grid) revenue is incorporated.

MIT 284
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OptiFuel to repower Argentina’s 400 freight locomotive fleet from diesel-power to CNG and/or RNG

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The objective of this agreement is to develop a project to repower and put into service 400 switcher and line-haul freight locomotives, all 100% powered by compressed natural gas (CNG) and/or renewable natural gas (RNG) with low or zero emissions, in line with the Argentina’s decarbonization goals.

Diesel 418
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DOE provides $65M for “connected communities” of buildings powered to transform electric system

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With today’s announcement, DOE will broaden its capability to evaluate and demonstrate the growing flexibility of one such solution—smart, grid-interactive, efficient buildings—to best serve the needs of building occupants and the grid while reducing energy consumption overall. —Secretary of Energy Dan Brouillette.

Connect 243
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Mass. startup licenses PNNL’s vanadium redox flow battery technology

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A Massachusetts startup has signed a license agreement with Battelle to commercialize battery technology that can help store large amounts of renewable energy and improve the reliability of the nation''s power grid. based WattJoule Corporation will advance the commercial use of redox flow battery technology.

Batteries 247
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Opinion: Reinventing fuel-based power for a more secure and resilient grid

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by Toby Gill, CEO, Intelligent Power Generation. With battery storage able to provide a unique role in balancing a renewable electricity grid, Toby Gill, CEO of Intelligent Power Generation, asks could innovations in green hydrogen and biofuel technologies contribute to a more optimized and economical energy mix?

Grid 332